Biden Budget Provides Billions For Clean Energy

By Keith Goldberg (March 28, 2022, 6:53 PM EDT) -- President Joe Biden's proposed $5.8 trillion budget for the 2023 fiscal year released Monday would shovel tens of billions of dollars into combating climate change and encouraging clean energy development both in the U.S. and abroad.

The White House said Biden's proposed budget dedicates nearly $50 billion to climate change and clean energy, spread across dozens of federal agencies. It also asks Congress to authorize $11 billion in U.S. aid for financing international clean energy and climate adaptation projects, including nearly $5 billion for clean energy projects and climate adaptation and mitigation projects in developing countries.

At the United Nations General...

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